42 Main St APT 2B-BBrooklynNY11201
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 42 Main St APT 2B-B, Brooklyn, NY, 11201 in Brooklyn deserves attention. This $258,542 property earns $8,418/mo in rent, a 39.07% gross yield, and nets $5,879/mo after the $1,163/mo payment. DSCR 7.24 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $71,430 compounds alongside $2,381/yr in yearly equity build, for a total cumulative return of $480,442.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 39.1% | 4.2% |
| Monthly Cash Flow | $5,879 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,418 |
| Total Monthly Debt Service | $2,436 |
| DSCR Ratio | 3.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices